MASTERSON

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 23525District 10Field 68831001GasSave
Value, all time
$10.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$73 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction3,396,736 Mcf$10,740,936
Total$10,740,936

933,534 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 35.6076, -101.9071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60762, -101.90707 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

Completions filed
Sep 2001
1 of 1 wells

1 well

42-37500273B 21Sep 2001

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20260106.413.05$0
Apr 20261,77598.932.87$5,094
Mar 20261,81989.753.15$5,729
Feb 20261,45263.503.75$5,445
Jan 20261,77959.138.00$14,228
Dec 20251,76556.664.41$7,790
Nov 20251,73358.593.93$6,805
Oct 20251,83359.383.30$6,058
Sep 20251,79262.743.08$5,514
Aug 20251,66163.933.01$5,008
Jul 20251,81466.743.32$6,014
Jun 20251,78666.483.13$5,588
May 20251,93860.553.23$6,264
Apr 20251,85862.363.54$6,583
Mar 20251,59967.704.27$6,825
Feb 20251,73970.884.34$7,549
Jan 20251,77474.324.28$7,590
Dec 20241,90168.993.12$5,934
Nov 20241,67969.052.20$3,691
Oct 20242,04171.372.28$4,656
Sep 20242,03469.612.36$4,809
Aug 20242,14475.632.06$4,424
Jul 20242,19879.932.15$4,718
Jun 20242,12678.082.63$5,600
May 20242,16678.812.20$4,762
Apr 20242,06984.451.66$3,433
Mar 20242,14680.301.55$3,316
Feb 20242,04876.091.78$3,653
Jan 20242,01073.023.30$6,628
Dec 20232,18671.262.61$5,707
Nov 20232,01977.892.81$5,668
Oct 20232,65585.443.09$8,197
Sep 20232,66689.042.74$7,292
Aug 20232,77880.522.67$7,425
Jul 20231,76374.852.64$4,657
Jun 20232,61968.962.26$5,915
May 20232,69970.622.23$6,012
Apr 20232,65978.122.24$5,950
Mar 20232,77472.852.39$6,639
Feb 20232,50075.112.47$6,164
Jan 20232,65976.533.39$9,008
Dec 20222,69176.415.73$15,417
Nov 20222,67985.005.65$15,126
Oct 20222,84887.185.86$16,700
Sep 20222,80484.888.16$22,891
Aug 20222,84294.529.13$25,939
Jul 20223,000101.587.54$22,626
Jun 20222,730115.097.98$21,778
May 20222,746109.378.43$23,157
Apr 20222,670104.226.84$18,256
Mar 20222,865108.885.08$14,544
Feb 20222,52991.054.86$12,288
Jan 20222,74481.844.54$12,451
Dec 20212,93471.323.90$11,440
Nov 20212,74077.435.24$14,349
Oct 20212,86679.795.71$16,376
Sep 20212,86569.865.35$15,330
Aug 20212,69666.024.22$11,379
Jul 20213,06370.783.98$12,197
Jun 20213,01969.493.38$10,206
May 20213,04763.483.02$9,195
Apr 20211,38260.362.76$3,812
Mar 20212,57861.302.72$7,004
Feb 20211,32857.805.55$7,368
Jan 20212,63550.412.81$7,405
Dec 20202,66044.642.68$7,117
Nov 20202,34338.772.71$6,341
Oct 20202,33036.972.48$5,775
Sep 20202,57537.091.99$5,127
Aug 20202,57339.982.39$6,137
Jul 20201,97638.371.83$3,606
Jun 20202,75834.901.69$4,662
May 20202,83516.921.81$5,145
Apr 20202,81014.751.80$5,070
Mar 20202,90230.341.86$5,387
Feb 20202,69549.881.98$5,338
Jan 20202,91057.252.09$6,096
Dec 2019059.012.30$0
Nov 20192,83955.302.75$7,809
Oct 20192,61253.472.42$6,317
Sep 20192,96355.052.66$7,874
Aug 2019053.112.30$0
Jul 20193,17456.272.46$7,808
Jun 20193,20452.782.49$7,982
May 20193,25758.482.74$8,925
Apr 20193,27962.632.75$9,020
Mar 20193,18156.803.06$9,741
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20183,62661.443.40$12,321
Sep 20183,44859.543.11$10,716
Aug 20183,80159.403.07$11,656
Jul 20183,85665.142.93$11,305
Jun 20183,25560.183.08$10,015
May 20183,90065.382.90$11,313
Apr 20183,56463.842.90$10,338
Mar 201873961.222.79$2,059
Feb 20183,54561.782.77$9,806
Jan 20182,21762.874.01$8,889
Dec 20173,70657.272.92$10,827
Nov 20173,71055.423.12$11,569
Oct 20171,89049.292.98$5,639
Sep 20171,99147.523.09$6,147
Aug 20173,56745.373.00$10,717
Jul 20172,23843.873.09$6,909
Jun 20173,55842.493.09$10,985
May 20173,84445.373.26$12,545
Apr 20173,62947.933.21$11,655
Mar 20173,82146.772.98$11,401
Feb 20173,49950.452.95$10,331
Jan 20173,80649.413.42$13,012
Dec 20163,68948.763.72$13,734
Nov 20163,81742.492.64$10,093
Oct 20164,00246.193.09$12,367
Sep 20163,72441.553.10$11,547
Aug 20162,76741.442.92$8,092
Jul 20162,31141.622.92$6,758
Jun 20163,95345.352.69$10,617
May 20164,17142.521.99$8,305
Apr 20164,00236.561.99$7,968
Mar 20164,19633.011.79$7,528
Feb 20163,82826.472.06$7,900
Jan 20164,23927.352.36$10,023
Dec 20154,14032.362.00$8,286
Nov 20154,07438.792.17$8,830
Oct 20153,97243.552.43$9,638
Sep 20154,26842.992.76$11,773
Aug 20154,39340.162.87$12,619
Jul 20154,61948.152.95$13,603
Jun 20154,57756.152.88$13,195
May 20152,81255.212.96$8,311
Apr 201593949.822.71$2,541
Mar 20154,15642.892.93$12,197
Feb 20153,78944.662.98$11,277
Jan 20154,47543.433.10$13,875
Dec 20144,67254.693.59$16,779
Nov 20144,20770.464.25$17,887
Oct 20143,35178.303.90$13,072
Sep 20141,63886.164.05$6,626
Aug 20143,20289.394.04$12,920
Jul 20144,69696.564.18$19,627
Jun 20144,25298.164.74$20,141
May 20144,79594.734.73$22,664
Apr 20144,17195.944.81$20,059
Mar 20144,68595.895.06$23,691
Feb 20143,89097.406.19$24,087
Jan 20144,74890.404.86$23,079
Dec 20134,80391.824.35$20,915
Nov 20134,62188.853.74$17,275
Oct 20134,82397.423.78$18,228
Sep 20134,736104.113.72$17,607
Aug 20135,063104.253.52$17,835
Jul 20135,168102.523.72$19,213
Jun 20135,18694.403.93$20,399
May 20132,99794.834.15$12,435
Apr 20134,87993.964.28$20,895
Mar 20135,17593.623.91$20,249
Feb 20134,68791.233.42$16,029
Jan 20135,32091.603.42$18,194
Dec 20125,27486.773.42$18,038
Nov 20125,34086.953.62$19,357
Oct 20125,20689.383.40$17,699
Sep 20125,45294.672.92$15,911
Aug 20125,64092.662.91$16,402
Jul 20125,74485.133.02$17,351
Jun 20125,35979.822.52$13,500
May 20125,12291.612.49$12,745
Apr 20125,522101.652.00$11,026
Mar 20125,786105.052.22$12,857
Feb 20125,232101.102.57$13,448
Jan 20125,64598.092.73$15,434
Dec 20115,49996.873.24$17,815
Nov 20115,55895.723.31$18,404
Oct 20115,42584.983.65$19,793
Sep 20115,61383.623.99$22,372
Aug 20115,88783.404.15$24,427
Jul 20115,41694.144.52$24,465
Jun 20116,00592.904.64$27,862
May 20116,42398.134.40$28,292
Apr 20115,416105.964.33$23,469
Mar 20116,22196.364.06$25,241
Feb 20114,77485.644.18$19,955
Jan 20115,96286.504.59$27,358
Dec 20105,98985.734.35$26,039
Nov 20106,04480.843.80$22,939
Oct 20106,23478.103.51$21,874
Sep 20105,83972.633.98$23,236
Aug 20106,34073.684.42$28,019
Jul 20106,21872.554.74$29,451
Jun 20104,30070.364.91$21,115
May 20104,58571.124.24$19,418
Apr 20106,16381.694.12$25,408
Mar 20106,32978.394.39$27,776
Feb 20105,75073.585.44$31,294
Jan 20106,46974.365.96$38,582
Dec 20096,41371.445.48$35,167
Nov 20096,61074.593.75$24,797
Oct 20096,94972.544.11$28,562
Sep 20096,68365.543.06$20,482
Aug 20096,87567.423.22$22,127
Jul 20096,75961.133.46$23,417
Jun 20093,49166.163.90$13,597
May 20096,84654.743.93$26,876
Apr 20097,06746.773.59$25,353
Mar 20097,05642.144.06$28,640
Feb 20096,53732.814.63$30,286
Jan 20097,35235.865.37$39,488
Dec 20087,19437.105.98$43,000
Nov 20087,04055.496.86$48,297
Oct 20087,16075.246.92$49,561
Sep 20086,933101.767.88$54,612
Aug 20087,430114.228.48$63,029
Jul 20087,505131.0811.39$85,478
Jun 20087,448131.3313.03$97,067
May 20087,411123.1711.57$85,777
Apr 20087,587110.3110.45$79,321
Mar 20087,838101.909.66$75,747
Feb 20087,48392.538.77$65,630
Jan 20087,76490.388.21$63,709
Dec 20077,27888.337.30$53,144
Nov 20076,31991.677.29$46,076
Oct 20077,85582.856.92$54,372
Sep 20077,87175.846.24$49,148
Aug 20077,89569.066.39$50,433
Jul 20078,63470.906.39$55,153
Jun 20078,49962.007.55$64,154
May 20078,05558.747.85$63,202
Apr 20078,33859.617.81$65,080
Mar 20078,69856.927.30$63,513
Feb 20077,75655.108.22$63,723
Jan 20078,91750.306.73$59,983
Dec 20069,01856.656.92$62,390
Nov 20068,89154.207.62$67,727
Oct 20069,60054.906.01$57,732
Sep 20068,34460.085.04$42,030
Aug 20068,24168.717.34$60,488
Jul 200610,05169.376.34$63,751
Jun 20069,45266.286.38$60,340
May 20069,78466.016.42$62,862
Apr 200610,52864.397.36$77,491
Mar 200610,51856.707.08$74,498
Feb 20069,95257.597.75$77,139
Jan 200610,75660.598.93$96,087
Dec 200555854.9413.42$7,486
Nov 20059,14254.6910.59$96,799
Oct 200510,27458.3413.80$141,738
Sep 200510,01961.4512.08$121,020
Aug 20059,16761.519.80$89,808
Jul 20058,45855.697.84$66,342
Jun 2005052.337.38$0
May 20054,58245.226.65$30,476
Apr 20059,95149.207.36$73,244
Mar 200510,20350.377.15$73,001
Feb 20058,76945.226.31$55,349
Jan 200510,66843.166.32$67,445
Dec 200410,85639.866.75$73,290
Nov 20049,93045.286.33$62,861
Oct 200411,12649.706.52$72,487
Sep 200411,12643.245.28$58,789
Aug 200411,94742.375.55$66,314
Jul 200412,15738.286.08$73,965
Jun 200411,80236.106.43$75,923
May 20049,90837.486.49$64,348
Apr 200411,98334.475.86$70,202
Mar 200410,56434.365.53$58,420
Feb 200410,02932.455.51$55,256
Jan 200413,52332.036.30$85,190
Dec 200313,46830.266.30$84,870
Nov 200312,98728.804.60$59,677
Oct 200314,39928.174.76$68,534
Sep 20036,06626.314.75$28,810
Aug 200316,00729.765.13$82,111
Jul 200316,63929.415.17$86,038
Jun 200311,27428.565.98$67,452
May 200312,94726.595.97$77,328
Apr 20038,94226.675.41$48,352
Mar 200313,92031.146.10$84,857
Feb 200312,63833.487.93$100,167
Jan 200313,35830.315.58$74,565
Dec 200211,63826.914.85$56,488
Nov 200214,77724.664.14$61,132
Oct 200215,75926.464.23$66,647
Sep 200216,63227.443.64$60,461
Aug 200218,19325.963.16$57,566
Jul 200219,66124.583.06$60,197
Jun 200216,96423.733.34$56,630
May 200218,28924.663.58$65,548
Apr 200211,63523.653.51$40,866
Mar 200219,96222.003.10$61,937
Feb 200218,75918.222.38$44,565
Jan 200221,78717.172.38$51,759
Dec 200124,43216.932.36$57,767
Nov 200124,04418.072.41$57,838
Oct 200127,67919.782.53$69,997
Sep 200118,28924.262.25$41,174
Aug 2001024.873.05$0
Jul 200110,69923.933.20$34,206
Jun 200114,25224.563.82$54,502
May 200113,60825.524.31$58,614
Apr 200111,94424.685.34$63,725
Mar 200112,04924.545.38$64,781
Feb 200113,02627.755.77$75,122
Jan 200113,89627.478.40$116,709
Dec 200013,83926.889.12$126,246
Nov 200014,36432.215.66$81,272
Oct 200014,79931.235.15$76,148
Sep 200013,62031.875.19$70,640
Aug 200014,79729.644.54$67,189
Jul 200013,48528.534.09$55,150
Jun 200012,45029.304.40$54,746
May 200015,89627.263.68$58,493
Apr 200013,55024.513.12$42,222
Mar 200014,72528.422.86$42,110
Feb 200014,43427.622.73$39,354
Jan 200016,03925.272.48$39,785
Dec 199916,01524.282.42$38,816
Nov 199917,22323.192.43$41,921
Oct 199916,10120.982.80$45,143
Sep 199916,08721.752.62$42,129
Aug 199917,39719.262.88$50,027
Jul 199917,54817.892.37$41,630
Jun 199917,62715.942.36$41,637
May 199916,06415.792.32$37,285
Apr 199916,71615.102.21$36,910
Mar 199916,44512.471.84$30,231
Feb 199914,5949.981.82$26,529
Jan 199915,39510.381.90$29,250
Dec 199816,7069.201.77$29,625
Nov 199816,84910.892.19$36,827
Oct 199817,77012.421.97$34,993
Sep 199817,76012.592.08$36,987
Aug 199818,52511.301.91$35,334
Jul 199819,05411.742.24$42,629
Jun 199817,72711.242.24$39,660
May 199818,80012.622.21$41,479
Apr 199817,67913.042.51$44,292
Mar 19988,70712.802.31$20,108
Feb 19986,24513.952.30$14,358
Jan 19986,26814.702.15$13,506
Dec 19977,40516.322.41$17,854
Nov 19977,44518.193.09$22,992
Oct 19976,80619.253.15$21,438
Sep 19977,92117.742.95$23,406
Aug 19979,10517.862.55$23,261
Jul 19979,60217.582.25$21,575
Jun 19979,45617.242.26$21,344
May 19978,54518.972.31$19,726
Apr 19976,79617.882.08$14,155
Mar 19975,84118.951.94$11,327
Feb 19974,84920.492.21$10,696
Jan 19977,58723.483.54$26,856
Dec 199610,25923.32$0
Nov 19969,13221.97$0
Oct 199611,38723.31$0
Sep 19969,75922.22$0
Aug 199613,04920.26$0
Jul 199615,61119.55$0
Jun 199612,29918.73$0
May 199614,50119.43$0
Apr 199613,88421.51$0
Mar 199613,74319.38$0
Feb 199615,25816.98$0
Jan 199616,72317.07$0
Dec 199518,14017.19$0
Nov 199518,53916.00$0
Oct 199519,64115.43$0
Sep 199518,72616.18$0
Aug 199520,44315.92$0
Jul 199519,79515.24$0
Jun 199519,29716.41$0
May 199520,39617.56$0
Apr 199517,37117.73$0
Mar 199519,96216.44$0
Feb 199515,25116.58$0
Jan 199520,09715.92$0
Dec 199421,60015.03$0
Nov 199426,27215.90$0
Oct 199427,77715.58$0
Sep 1994015.29$0
Aug 199417,48616.13$0
Jul 199423,48717.56$0
Jun 199422,45217.09$0
May 199421,74415.88$0
Apr 199419,27014.14$0
Mar 199426,75712.46$0
Feb 199424,86512.50$0
Jan 199428,48612.66$0
Dec 199329,06912.33$0
Nov 199325,34714.49$0
Oct 199325,46815.85$0
Sep 199327,14215.03$0
Aug 199325,82215.66$0
Jul 199315,57915.46$0
Jun 19939,36916.79$0
May 199325,07017.68$0
Apr 19931,17118.05$0
Mar 199335,64818.14$0
Feb 199333,42917.90$0
Jan 199336,96116.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Gas                1,775 Mcf  × $  2.87 =     $5,094

────────────────────────────────────────────────────
Month total                                   $5,094

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/G/23525 is the state's own key, not one this site invented.